| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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hapygolucke
Master |
08-Dec-2015 00:39
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TH uses our CPF money and give away so easily....
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hapygolucke
Master |
08-Dec-2015 00:37
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Maersk will be queuing to collect as much as possible.....cheap sale....they can offer $1.50....I thought Temasek guys are tops......seems like they are not worth their pay whatever they getting now.... Those who bought with CPF few years ago can go to their office and demand back the difference....
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polarinda
Master |
08-Dec-2015 00:34
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Any offer below 130 just grab
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mrbean249
Senior |
08-Dec-2015 00:32
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I guess theres always a premium u have to pay if u wanna get ur cash back fast See how it goes |
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polarinda
Master |
08-Dec-2015 00:29
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It makes no sense to buy at 130 tomorrow. Neither does it make semse to sell below 130. So...zero volume? Exclude the contra players... | ||||
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sgng123
Supreme |
08-Dec-2015 00:10
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The deal already short change lot of retail investors and trying to put salt in wound by trying to buy low might get the opposite reaction. This kind of situation   stay low profile is better. |
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sgng123
Supreme |
08-Dec-2015 00:07
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Most likely Temasek or CMA had to make redemption to retail investors by collecting bid offer price 1.30 since getting the regulator approvals are almost certain since market share involved did not breached 30%. IT one way to make the rest of investors lessen the pain by letting them unlock their investment abate with losses and reinvest somewhere else. Just mine guess anyway since this deal is 100% guarantee to go ahead and 1.30 dead locked.
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dingbat
Veteran |
08-Dec-2015 00:02
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If TH or CMA had any sense they should start collecting 2moro at the discounted mkt price   and make or save themselves 5% of the buying price.until   June next year |
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sgng123
Supreme |
07-Dec-2015 23:51
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typo too lol,once it become  unconditional |
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sgng123
Supreme |
07-Dec-2015 23:49
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anyway offer price is locked once it become conditional  and mostly would not change even if market take a turn for worst. cheer and finally a end to nol drama but the betrayal of TH on investors would be remembered for longtime lol. long time to june 2016 and hopefully market would correct to a level when those longsuffering nol investors would feel that 1.30 is acceptable. IF STI sink down to 2500 by june 2015 then 1.30 look realistic and acceptable to all, currently the nature of the general offer is like taking into consideration a major drop in global stock in 1H16 to come out with that bid price.
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HazardKoh
Master |
07-Dec-2015 23:31
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typo.. 6 mths to become unconditional
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HazardKoh
Master |
07-Dec-2015 23:27
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The share price will not hit 1.30 becos this is a conditional offer and it takes up to half a year (june 2016) to become conditional. U can refer to Goodpack as a reference. Maybe will trade in the range 1.15-1.27 for the coming 6 mths. Until the offer becomes unconditional in june 2016, then share price will trade 1.29-1.30. Cheers.
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NOLESS
Member |
07-Dec-2015 23:24
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Who knows, some parties may come out fighting for the 33% of minority s/holders. If some parties can secure close to 30% of the voting shares would prevent a delisting. Isn' t that possible? |
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sgng123
Supreme |
07-Dec-2015 23:09
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Actually the NOL offer bid is a indicator of more selling to come for STI, NOL had been a accurate predictor of singapore growth for years and when it go sold below it book value tell us something is not  looking good. Maybe a few months later u would be glad NOL got sold for 1.30 when regional stock market sinks to historically lows. Just mine thought no offence on those who still holding other STI stocks. IF STI really go into bear market then NOL valuation might look decent since everything valuation gone down a lot in bear market. The idea is would u be brave enough to pick up fundamental good stocks using NOL money to recoup losses later when market rebound. No time crying over split milk as CMA offer already seal NOL fate as it is a exclusive bid and it is binding for both CMA and NOL. Sell open tomorrow if price is 1.30 and    save urself sleepless night and move on wait for STI correction. |
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flytony66
Member |
07-Dec-2015 23:01
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Joke of the nation.. $1.50 don sell sell $1.20..🤔
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flytony66
Member |
07-Dec-2015 22:59
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Maersk rather Buy when trading start tomorrow...cheaper and don't need so troublesome negotiate with TH.. Waste time
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AndyLoss
Master |
07-Dec-2015 22:57
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it is not France it is Spore itself which let it get ripped off...how could they persist with the NOL mngmnt inspite of making continuous losses... also the guys at TH who did not accept 1.50 earlier and accepted 1.30 today ??   
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sgng123
Supreme |
07-Dec-2015 22:57
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zero possibility unless the deal collapse due to regulator objection. th just sold out investors on this one.
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sgng123
Supreme |
07-Dec-2015 22:54
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but again value can be found as nol is locked in the offer bid price range even if sti crashes. nol would be range 1.29-1.30 even if  sti drop to 2500. reinvest at right time to recoup back losses on bank stocks fastest way i could think of. bank stocks currently most attractive due to low valuation but could go down further 10-15% on rate hike fear plus bad loan fear. |
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mrbean249
Senior |
07-Dec-2015 22:49
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Any possibility other players can still come in at this stage? Because i thought to reach this stage, the deal should be exclusive to CMA alr? Can other players still come into pplay with a better offer?? |
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